Bernie Madoff Case Summary

Decent Essays
With the information that is provided in this case the element of white collar crime that Bernie Madoff showed was bankruptcy fraud, and a form of blackmail. Baste of the information in chapter 6 the reason why white collar criminals are able to carry out their schemes for so long are, because most of them are mostly highly educated people that work within a powerful business or organization. One of the ways Madoff was able to keep his scheme going for so long because, he hired inexperienced employees or uneducated people with no background in finances. Madoff was very successful with getting people to invest in this company because, he made the investors feel like they were the only ones that mattered.
I do not believe that Madoff was the

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